Exergy Expands Nassau County, New York, Operations
The investment included an additional 4,000 square feet which will house a new vacuum brazing furnace and a cutting-edge computer numerical control (CNC) machine.”
“Exergy is honored to have received this significant grant from Empire State Development,” said Exergy President Jordan Finkelstein. “It underscores our dedication to innovation, efficiency, and job creation as we enter the next chapter of our journey. The completion of our facility expansion and the integration of the vacuum braze furnace and CNC machine are monumental steps that will empower us to better serve our clients globally.”
Empire State Development is supporting Exergy’s expansion, recommended by the Long Island Regional Economic Development Council, with a $250,000 capital grant and up to $60,000 in performance-based Excelsior Jobs Program tax credits in exchange for the company's commitment to create 6 new jobs and retain 54 jobs.
“Exergy’s expansion demonstrates how New York’s strategic investments cultivate the success of local businesses, fostering growth and boosting competitiveness,” noted Empire State Development President, CEO and Commissioner Hope Knight. “As we fuel projects strengthening manufacturers like Exergy, we also catalyze careers and technologies that invigorate regional economies – spurring innovation ecosystems that cement New York’s status as a global powerhouse now and into the future.”
Exergy offers a comprehensive catalog of Shell and Tube heat exchangers, Tube-in-Tube heat exchangers and Point-of-Use (POU) sampling systems constructed of 316L SS, Hastelloy, Inconel, Titanium and other alloys.
2023's Leading Metro Locations: Hotspots of Economic Growth
The Logistics Analysis That Drives Industrial Site Selection
2023 Top States for Doing Business Meet the Needs of Site Selectors
Technology’s Influence on Workforce Development
Workforce Q4 2023
AI 101 for Site Selection
First Person: Realizing the Inflation Reduction Act’s Full Potential
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects